{"data":{"id":"us/14-cfr-7","jurisdiction":"us","citation":"14 CFR 7","heading":"Section 7 Chart of Profit and Loss Accounts","body":"Objective classification of profit and loss elements Functional or financial activity to which applicable (00)\nGroup I carriers Group II carriers Group III carriers\noperating revenues and expenses\nTransport revenues:\n01 Passenger:\n01.1 Passenger—first class 31, 32 31, 32 31, 32.\n01.2 Passenger—coach 31, 32 31, 32 31, 32.\n05 Mail:\n05.1 Priority 31, 32 31, 32 31, 32.\n05.2 Nonpriority 31, 32 31, 32 31, 32.\n05.3 Foreign 31, 32 31, 32 31, 32.\n06 Property:\n06.1 Freight 31, 32 31, 32 31, 32.\n06.2 Excess passenger baggage 31, 32 31, 32 31, 32.\n07 Charter:\n07.1 Passenger 32 32 32.\n07.2 Property 32 32 32.\n19 Air transport—other:\n19.1 Reservation cancellation fees 31, 32 31, 32 31, 32.\n19.2 Miscellaneous operating revenues 31, 32 31, 32 31, 32.\n08 Public service revenues (subsidy) 48 48 48.\nTransport-related revenues and expenses:\n09 In-flight sales:\n09.1 Liquor and food—gross revenues 48 48 48.\n09.2 Movies and stereo—gross revenues 48 48 48.\n09.3 Other—gross revenues 48 48 48.\n09.4 Liquor and food—depreciation expense 71 71 71.\n09.5 Liquor and food—other expense 71 71 71.\n09.6 Movies and stereo—depreciation expense 71 71 71.\n09.7 Movies and stereo—other expense 71 71 71.\n09.8 Other—depreciation expense 71 71 71.\n09.9 Other—expense 71 71 71.\n10 Restaurant and food service (ground):\n10.1 Gross revenues 48 48 48.\n10.2 Depreciation expense 71 71 71.\n10.3 Other expenses 71 71 71.\n11 Rents:\n11.1 Gross revenues 48 48 48.\n11.2 Depreciation expense 71 71 71.\n11.3 Other expenses 71 71 71.\n12 Limousine service:\n12.1 Gross revenues 48 48 48.\n12.2 Depreciation expense 71 71 71.\n12.3 Other expenses 71 71 71.\n13 Interchange sales:\n13.1 Associated companies—gross revenues 48 48 48.\n13.2 Outside—gross revenues 48 48 48.\n13.3 Associated companies—depreciation expense 71 71 71.\n13.4 Associated companies—other expense 71 71 71.\n13.5 Outside—depreciation expense 71 71 71.\n13.6 Outside—other expense 71 71 71.\n14 General service sales:\n14.1 Associated companies—gross revenues 48 48 48.\n14.2 Outside—gross revenues 48 48 48.\n14.3 Associated companies—depreciation expense 71 71 71.\n14.4 Associated companies—other expense 71 71 71.\n14.5 Outside—depreciation expense 71 71 71.\n14.6 Outside—other expense 71 71 71.\n16 Substitute (replacement) service:\n16.1 Gross revenues 48 48 48.\n16.2 Expense 71 71 71.\n17 Air cargo service:\n17.1 Gross revenues 48 48 48.\n17.2 Depreciation expense 71 71 71.\n17.3 Other expense 71 71 71.\n18 Other transport related items:\n18.1 Gross revenues 48 48 48.\n18.2 Depreciation expense 71 71 71.\n18.3 Other expense 71 71 71.\n19 Other operating revenues:\n19.1 Reservations cancellation fees 31, 32 31, 32 31, 32.\n19.9 Miscellaneous operating revenues 31, 32, 41 31, 32, 41 31, 32, 41.\nTransport expenses:\n21 General management personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n23 Pilots and copilots 51 51 51.\n24 Other flight personnel 51, 69 51, 55 51, 55.\n25 Maintenance labor:\n25.1 Labor—airframes and other flight equipment 52 52.\n25.2 Labor—aircraft engines 52 52.\n25.6 Labor—flight equipment 52\n25.9 Labor—ground property and equipment 52, 53 52, 53 52, 53.\n26 Aircraft and traffic handling personnel 69\n26.1 General aircraft and traffic handling personnel 64, 67 61, 62, 63, 65.\n26.2 Aircraft control personnel 64 61.\n26.3 Passenger handling personnel 64, 67 62, 65.\n26.4 Cargo handling personnel 64, 67 62, 65.\n28 Trainees, instructors and unallocated shop labor:\n28.1 Trainees and instructors 51, 53, 69 51, 53, 55, 64,67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n28.2 Unallocated shop labor 53 53 53.\n30 Communications personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n31 Recordkeeping and statistical personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n32 Lawyers and law clerks 69 68 68.\n33 Traffic solicitors 69 67 65.\n34 Purchasing personnel 53, 69 53, 68 53, 68.\n35 Other personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n36 Personnel expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n37 Communications purchased 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n38 Light, heat, power, and water 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n39 Traffic commissions 69\n39.1 Commissions—passenger 67 65.\n39.2 Commissions—property 67 65.\n40 Legal fees and expenses 69 68 68.\n41 Professional and technical fees and expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68\n43 General services purchased:\n43.1 Airframe and other flight equipment repairs 52 52\n43.2 Aircraft engine repairs 52 52\n43.6 Flight equipment repairs 52\n43.7 Aircraft interchange charges 51, 52 51, 52 51, 52\n43.8 General interchange service charges 52, 69 52, 55, 64, 67, 68 52, 55, 61, 62, 63, 65, 66, 68\n43.9 Other services 52, 53, 69 52, 53, 55, 64, 67, 68 52, 53, 55, 61, 62, 63, 65, 66, 68\n44 Landing fees 69 64 61.\n45 Aircraft fuels and oils 51\n45.1 Aircraft fuels 51 51.\n45.2 Aircraft oils 51 51.\n46 Maintenance materials:\n46.1 Airframes and other flight equipment 52 52\n46.2 Aircraft engines 52 52.\n46.6 Flight equipment 52\n46.9 Ground property and equipment 52, 53 52, 53 52, 53.\n47 Rentals 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n49 Shop and servicing supplies 53, 69 53, 64 53, 61.\n50 Stationery, printing, and office supplies 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n51 Passenger food expense 69 55 55.\n53 Other supplies 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n54 Inventory adjustments 53, 69 53, 55 53, 55.\n55 Insurance—general 51, 53, 69 51, 53, 68 51, 53, 68.\n56 Insurance—traffic liability 69 55, 64 55, 62.\n57 Employee benefits and pensions 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n58 Injuries, loss and damage 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n59 Schedules and timetables 69 67 65, 66.\n60 Advertising 69 67 66.\n61 Foreign exchange gains and losses 69 68 68.\n62 Other promotional and publicity expenses 69 67 66.\n63 Interrupted trips expense 69 55 55.\n64 Memberships 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n65 Corporate and fiscal expenses 69 68 68.\n66 Uncollectible accounts 69 68 68.\n67 Clearance, customs and duties 69 64 61, 62.\n68 Taxes—payroll 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.\n69 Taxes—other than payroll 51, 69 51, 68 51, 68.\n71 Other expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66 68.\n72 Aircraft overhauls 52, 53 52, 53 52, 53.\n72.1 Airworthiness allowance provisions—airframes 52, 53 52, 53 52, 53.\n72.3 Airframe overhauls deferred 52, 53 52, 53 52, 53.\n72.6 Airworthiness allowance provisions—aircraft engines 52, 53 52, 53 52, 53.\n72.8 Aircraft engine overhauls deferred 52, 53 52, 53 52, 53.\n73 Provisions for obsolescence and deterioration—expendable parts:\n73.1 Current provisions 70 70 70.\n73.2 Inventory decline credits 70 70 70.\n74 Amortizations:\n74.1 Developmental and preoperating expenses 70 70 70.\n74.2 Other intangibles 70 70 70.\n75 Depreciation:\n75.1 Airframes 70 70 70.\n75.2 Aircraft engines 70 70 70.\n75.3 Airframe parts 70 70 70.\n75.4 Aircraft engine parts 70 70 70.\n75.5 Other flight equipment 70 70 70.\n75.6 Flight equipment 70 70 70.\n75.8 Maintenance equipment and hangars 70 70 70.\n75.9 General ground property 70 70 70.\n76 Amortization expense, capital leases:\n76.1 Amortization—capitalized flight equipment 70 70 70\n76.2 Amortization—capitalized other property and equipment 70 70 70\n77 Uncleared expense credits:\n77.8 Uncleared interchange expense credits 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n77.9 Other uncleared expense credits 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.\n78 Direct maintenance—flight equipment 52 52 52.\n79 Applied burden Dr/Cr:\n79.6 Flight equipment 52 Dr, 53 Cr 52 Dr, 53 Cr 52 Dr, 53 Cr.\n79.8 General ground property 52 Dr, 53 Cr 52 Dr, 53 Cr 52 Dr, 53 Cr.\nnonoperating income and expense\n81 Interest on long-term debt and capital leases:\n81.1 Interest expense, long-term debt 81 81 81\n81.2 Interest expense, capital leases 81 81 81\n82 Other interest:\n82.1 Interest expense, short-term debt 81 81 81\n83.1 Imputed interest capitalized—credit 81 81 81\n83.2 Imputed interest deferred—debit 81 81 81\n83.3 Imputed interest deferred—credit 81 81 81\n83.4 Interest capitalized—credit 81 81 81\n84.1 Amortization of discount and expense on debt 81 81 81\n84.2 Amortization of premium on debt 81 81 81\n85 Foreign exchange gains and losse 81 81 81\n89 Other nonoperating income and expense-net:\n80.0 Interest income 81 81 81\n86.0 Income from nontransport ventures 81 81 81\n87.0 Equity in income of investor controlled companies 81 81 81\n88.1 Intercompany transaction adjustment-credit 81 81 81\n88.2 Dividend income 81 81 81\n88.3 Net unrealized gain or loss on marketable equity securities 81 81 81.\n88.4 Net realized gain or loss on marketable equity securities 81 81 81.\n88.5 Capital gains and losses—operating property 81 81 81.\n88.6 Capital gains and losses—other 81 81 81.\n88.7 Unapplied cash discounts 81 81 81.\n88.9 Other miscellaneous nonoperating credits 81 81 81.\n89.1 Intercompany transaction adjustment—debit 81 81 81.\n89.9 Other miscellaneous nonoperating debits 81 81 81.\nincome taxes\n91 Provision for income taxes:\n91.1 Income taxes before investment tax credits 91 91 91.\n91.2 Investment tax credits utilized 91 91 91.\n92 Provisions for deferred income taxes:\n92.1 Current provisions for deferred taxes 91 91 91.\n92.2 Application of deferred taxes 91 91 91.\n92.3 Adjustment of deferred taxes 91 91 91.\n93 Investment tax credits deferred and amortized:\n93.1 Investment tax credits deferred 91 91 91.\n93.2 Amortization of deferred investment tax credits 91 91 91.\n94 Excess profits taxes 91 91 91.\ndiscontinued operations\n95 Discontinued operations:\n95.1 Income from discontinued operations 96 96 96.\n95.2 Loss on disposal of discontinued operations 96 96 96.\nextraordinary items\n96 Extraordinary items 97 97 97.\n97 Income taxes applicable to extraordinary items 97 97 97.\nchanges in accounting principles\n98 Cumulative effects of change in accounting principles 98 98 98.","path":["Title 14—Aeronautics and Space","CHAPTER II—OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS)","SUBCHAPTER A—ECONOMIC REGULATIONS","PART 241—UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED AIR CARRIERS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-14.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:20Z","sha256":"57684da325106016c1eb46432c7c5f959beb5ab38e0e505a0990a335ddbff536","source_id":"us-cfr","stale":true,"prev":"us/14-cfr-6","next":"us/14-cfr-8"},"notice":"GroundRules: Original legal text. Not legal advice."}